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China, Azerbaijan and Russia - Georgia's largest exporting countries

China, Azerbaijan and Russia - Georgia's largest exporting countries

The National Statistics Office of Georgia released its 2020 foreign trade data today.

According to the National Statistics Office of Georgia, during the pandemic 2020, the share of the ten largest exporting countries in Georgia's total exports amounted to 75.9 percent. The largest export trio was as follows: China (476.3 million USD), Azerbaijan (441.3 million USD), and Russia (441.1 million USD).

The pandemic has reduced Georgia's foreign trade turnover. According to the National Statistics Office of Georgia, the foreign trade turnover of goods in Georgia (excluding undeclared trade) amounted to 11,347.7 million USD, which is 14.8 percent less than the previous year's figure.

Out of this, export is 3 342.1 million USD (less than 12.0 percent), while imports amounted to 8 005.6 mln USD (down 15.9 percent).

Georgia's negative trade balance in 2020 amounted to 4 663.4 million USD, which is 41.1 percent of the foreign trade turnover.

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